A few days ago word leaked out but was shot down, today though it seems pretty official - "The Chronicles of Narnia: Prince Caspian" is moving forward.

With "The Lion, The Witch and the Wardrobe" having already earned $530 million worldwide, the trades report that Disney Pictures and Walden Media are currently working on a script and are expected to tap a director within a few weeks.

Walden CEO Cary Granat says "We're planning on starting production by the fourth quarter of next year" though whether he meant 2006 or 2007 is unsure.